At our Bitcoin ATM in Montreal you can buy Bitcoin and other popular cryptocurrency, such as Ethereum and Litecoin, with cash. With Canada's largest network of Bitcoin ATMs, Localcoin is a Toronto-based company whose mission is to provide a simple buying & selling experience of digital currency for customers while upholding privacy standards across North America.
Localcoin is Canada’s largest cryptocurrency ATM network that enables customers to buy cryptocurrency with cash at a physical location. Customers can visit one of our 950+ physical ATMs at our retail locations, composed primarily of convenience stores and gas stations.
What is Bitcoin?
Bitcoin is a decentralized digital currency, meaning it is not controlled by any government or central bank. Bitcoin can be used to buy goods and services online, and can also be held as an investment. Each Bitcoin is like a computer file that is stored in a 'digital wallet' app on a smartphone or computer. People can send Bitcoins to your digital wallet, and you can send Bitcoins to other people. Every single transaction is recorded in a public list called the blockchain.
What is a Bitcoin ATM?
A Bitcoin ATM is a machine that enables users to buy Bitcoin and other cryptocurrencies using cash. It functions similarly to a traditional ATM, enabling users to deposit cash and receive Bitcoin in their wallet, or sell bitcoin and receive cash.
How do I use a Bitcoin ATM?
Step 1: Get a Bitcoin Wallet:
We recommend the following easy-to-use Bitcoin wallets downloadable from your app store: Trust Wallet, Exodus or Coinbase Wallet
You'll need to take this wallet (or a printed QR code) with you, to the machine.
Step 2: Visit a Localcoin Bitcoin ATM
All you need is your wallet’s address, QR code and cash!
Step 3: At the Machine
a. Tap the machine's touchscreen, then read the on-screen prompt.
b. Select your desired cryptocurrency. (Bitcoin, Ethereum, LTC, etc.)
c. In your wallet, find the QR code. This tells the machine where to send your Bitcoin once you've confirmed your purchase.
d. Hold it up to the machine's camera and wait for it to be scanned.
Step 4: Purchasing Your Bitcoins
a. After scanning the QR code, insert your CAD bills.
b. Confirm the amount on the screen to complete your purchase.
c. Please note that there will be a service fee, which varies based on the Bitcoin market.
Step 5: Receiving Your Bitcoins
Once you've confirmed your purchase, your Bitcoins will be sent to the address you provided.
Transactions are usually instantaneous but may take anywhere between 10–30 minutes, or even 1–2 hours in rare cases.
What is a Bitcoin/Crypto Wallet and how do I get one?
A crypto wallet is a necessary part of holding and transacting crypto coins. To send or receive any kind of coin, you’ll need a secure wallet that’s just for cryptocurrency. These specialized wallets:
1. Exist to keep track of coin ownership
2. Help generate the public addresses you’ll need to make transactions.
3. Don’t hold your coins like a traditional wallet does; instead, your Bitcoin, Ether, Litecoin, etc. all exist on the blockchain — your crypto wallet simply gives you access to them.
You can download a crypto wallet from your app store, some easy-to-use mobile wallets include BRD Wallet, Bitpay, and Blockchain.
What are the limits for purchasing Bitcoin?
The minimum amount of Bitcoins (and other coins) you can buy from a Localcoin ATM is $20 CAD. The maximum is $995 per transaction, with at most 5 transactions per day.
What payment methods are accepted?
We only accept Canadian cash bills. For other payment methods such as debit/credit cards, you can purchase online by visiting our website at localcoinatm.com
What other cryptocurrency coins do you sell at your Bitcoin ATMs?
We sell Bitcoin, Litecoin, Ethereum, Cardano, Dogecoin, Shiba Inu, Ripple, USDC, and Tether at our ATMs.
What is Localcoin and what services does it offer?
Localcoin is Canada's largest cryptocurrency ATM network, allowing customers to buy cryptocurrency with cash at over 950 physical ATMs, mainly located in convenience stores and gas stations.
What cryptocurrencies can I buy at the Localcoin Bitcoin ATM - Depanneur Beau Soir?
You can buy Bitcoin, Litecoin, Ethereum, Cardano, Dogecoin, Shiba Inu, Ripple, USDC, and Tether at this ATM.
How do I use the Localcoin Bitcoin ATM?
First, get a cryptocurrency wallet like Trust Wallet or Coinbase Wallet. Then visit the ATM with your wallet or printed QR code and cash. At the machine, select your cryptocurrency, scan your wallet's QR code, insert cash, and confirm the transaction. Your bitcoins will be sent to your wallet usually within 10 to 30 minutes.
What are the operating hours of the Localcoin Bitcoin ATM at Depanneur Beau Soir?
The ATM is open daily from 7:00 AM to 11:00 PM.
What payment methods does Localcoin accept at this ATM?
Localcoin accepts only Canadian cash bills at their Bitcoin ATMs. For other payment methods like debit or credit cards, purchases can be made online at localcoinatm.com.
Where is the Localcoin Bitcoin ATM - Depanneur Beau Soir located?
It is located at 4941 Rue Notre-Dame Ouest, Montreal, QC, H4C 1S9, Canada.
Are there any nearby places of interest close to the Localcoin Bitcoin ATM - Depanneur Beau Soir?
Yes, nearby places include Dépanneur Beau Soir convenience store, Bait & Schlang Tattoo studio, The Letter Bet art gallery and cafe, and Buvette Chez Henri bar and lounge. You can visit these locations before or after using the ATM.
Can I combine a visit to the Localcoin ATM with local dining or entertainment?
Absolutely, nearby you can enjoy dining and drinks at Elena pizza restaurant and wine bar, or relax at Loïc lounge. You might also visit The Letter Bet art gallery and cafe for arts and entertainment.
Is there convenient parking available near the Localcoin Bitcoin ATM at Depanneur Beau Soir?
Yes, the ATM location has wheelchair accessible parking, making it convenient for customers driving to the location.
How can nearby services like UPS Access Point or grocery stores complement my visit to the Localcoin Bitcoin ATM?
You can combine your visit to the ATM with errands such as picking up packages at the nearby UPS Access Point or shopping at grocery stores like Marché St. Henri and Épicerie Ti frais, making efficient use of your trip.